Atlanta, GA · Member since 2019 · 3 posts · 1 vote
Hi everyone! My name is Chandler and Im a real estate agent working in Atlanta, GA. Im looking to connect with as many investors in the Atlanta area as possible. Im curious to know what are some of the obstacles new and experienced investors face? I would love for you to reach out so we can discuss some of these issues! I look forward to hearing from you!
Hey @Chandler L Cox! Welcome to BP! I'm not in the Hotlanta area, but as an agent and investor in general I would say that the two biggest obstacles I face are:
1. Reliable contractors.
2. Funding options that optimize Self-Employment AND low interest rates.
By far the quality, consistency, and honesty of contractors is the biggest barrier. You may have a good one or two in your line-up, build a great business with them, and then have to boot them and start the process afresh all within a 12-month window. Over and over again :(
Hey @Chandler L Cox! Welcome to BP! I'm not in the Hotlanta area, but as an agent and investor in general I would say that the two biggest obstacles I face are:
1. Reliable contractors.
2. Funding options that optimize Self-Employment AND low interest rates.
By far the quality, consistency, and honesty of contractors is the biggest barrier. You may have a good one or two in your line-up, build a great business with them, and then have to boot them and start the process afresh all within a 12-month window. Over and over again :(
@Caleb L. I have to agree with your number 1 reason. For many of my investors it is hard to keep their emotions out of a property, especially if they are buying to rent out. If the numbers make sense and they will receive the return they are looking for, it should be a no brainer. But sometimes it's tough when they put eyes on the property and realize it does not look how they want it to. It's usually only a problem with investors new to the game which is understandable, but just something you have to train them to overlook.